Question

The price of an article was reduced by 2%. On the next day, It was further reduced by 10% .If the article was sold for Rs.7056 what was the original price?​

Answer 1

Step-by-step explanation:

Let the price of the article be Rs. x and daily sale be y units. 

Then daily sale receipts = Rs. xy

Reduced price of the article = Rs. 43x Increased daily sale = Rs. 1013y

∴ Daily sale receipts = Rs. 43x×1013y= Rs. 4039xy

∴ % reduction =40100%=2.5%

hope its correct

Answer 2

Money receipt = Rs.(100*100) = Rs.

Let cost of each article = Rs.100 & sale = 100 articlesMoney receipt = Rs.(100*100) = Rs.10000New cost per article = Rs.85 and New sale = 120 articlesNew Money Receipt = Rs.(85*120) = Rs.10200Increase in money receipt = (200/10000)*100 = 2%

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